Metsä Tissue to develop its operations in Sweden

Report this content

METSÄ TISSUE TO DEVELOP ITS OPERATIONS IN SWEDEN Metsä Tissue has reached agreement on a restructuring of activities at its mills in Sweden. A provision of E 2.1 million for costs over the next few years will be made in the accounts for the final quarter of 2001. The number of the company's employees in Sweden will decrease by about 50 during 2002. Metsä Tissue Corp. Timo Suuriniemi Acting Chief Financial Officer For more information contact Timo Suuriniemi, Acting Chief Financial Officer tel. +358 10 469 4580, GSM +358 50 560 8271 or by e-mail: timo.suuriniemi@metsatissue.com Distribution Helsinki Stock Exchange/HEX Key media ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/28/20011228BIT00010/bit0001.doc http://www.waymaker.net/bitonline/2001/12/28/20011228BIT00010/bit0002.pdf